Tate & Lyle (GB:TATE) has released an update.
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Tate & Lyle PLC has executed a share buyback, purchasing 193,918 of its ordinary shares at an average price of £7.37. This move is part of the company’s ongoing buyback program, reflecting a strategic effort to manage its capital structure. The repurchased shares will be held in treasury, leaving the company with 449,717,461 shares in issue, excluding treasury shares.
For further insights into GB:TATE stock, check out TipRanks’ Stock Analysis page.